Office Building With Penthouse
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Property Description
Office Building with Penthouse for Sale -- Victoria Island, Lagos
Location: Akin Adesola Street (Directly Opposite Nestoil Building)
Land Size: 1,360 sqm
Title: CofO
Price: $15,000,000 USD
Brokerage Fee: 5%
Building Composition:
Ground Floor: 200 sqm office space
1st & 2nd Floors: Each floor includes 3 units of 1-bedroom apartments and 1 studio apartment
3rd to 7th Floors: Each floor contains a single 3-bedroom master apartment
8th Floor: Luxury penthouse with large terraces and 7 BQs
Key Features:
Total of 7 floors + penthouse
One Mitsubishi elevator
Service and emergency stairwells
Fire protection system throughout
2 underground water tanks (21,000L each) with water treatment plant
2 soundproof generators (135KVA and 80KVA) with 10,000L diesel tank
Parking for up to 24 cars
This premium mixed-use development sits in the heart of Victoria Island's commercial axis, offering a blend of luxury residential apartments and Grade-A office space. Perfect for investors, embassies, or multinational firms seeking a flagship location.
Viewing strictly by appointment.
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TERMS & CONDITIONS
Premium Property Offers -- Exclusively for Serious & Verified Buyers
To ensure a smooth, secure, and transparent transaction, we engage strictly with cash-ready direct buyers or their duly authorized representatives. Kindly note that no sensitive property details or documentation will be disclosed without proper verification.
Prior to Inspection, the Following Are Required:
1. Power of Attorney -- If the buyer will not be physically present, a signed letter authorizing a representative to act on their behalf is required.
2. Banker's Reference Letter -- A letter from the buyer's bank confirming financial capacity. (Please note: bank statements or screenshots are not acceptable.)
3. Facilitators' Commission Acknowledgment -- A written confirmation from the buyer acknowledging the agreed facilitator commission payable upon successful transaction closure.
4. Letter of Interest (LOI) -- A brief letter indicating the buyer's intent to proceed with the property acquisition.
IMPORTANT NOTICE:
To protect all parties and ensure fair dealings, a Non-Disclosure & Non-Circumvention Agreement (NCNDA) must be signed before any inspection is scheduled. This is a standard procedure to maintain confidentiality and prevent any attempt at circumvention.
By contacting us, you confirm that you are either the buyer or have been officially authorized to represent the buyer, and that you fully agree to these terms.
Property Details
| Property Ref: 3010821 | Added On: 01 Aug 2025 | Last Updated: 02 Aug 2025 |
| Market Status: Available | Type: Plaza / Complex / Mall |
Interesting Facts
You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.
Victoria Island was once completely surrounded by water until the colonial government sand-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled.
Leisure and Shopping
Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosmetics, wine, toys, and so on. Other shopping options include Mega Plaza, Hubmart Store, Landmark Boulevard, XYLO, and Bijoux Mall.
Popular Estates
1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.
1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned by the Federal Government before being purchased by private investors in 2007. The estate is located in the business and recreational district of Victoria Island.
There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available.
Day Life
Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.
Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Island, is one of the most popular beaches in Lagos. Ocean Basket is the Mediterranean's seafood mecca. The Red Door Gallery is a must-see for art enthusiasts. It can be found within the Silverbird Galleria.
Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave.
Night Life
In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.
If you live in Lagos, you have probably heard of Club Quilox. This is one of the hottest clubs in Lagos, and many celebrities frequent it.
Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops.
At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference.
Schools
If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools. The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN).
Read the full area guide for Victoria Island (VI), Lagos.
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6 Behind Iyanga Market, Asaba, Delta, Nigeria
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